Searches And Hires
The plan also approved a maiden infrastructure manager hire at today’s board meeting.
The trust recently hired managers to fill its maiden targets to listed infrastructure and listed REITs.
The RFQ process follows a similar one launched in January for domestic small-cap equity managers.
The selected consultant will assist in conducting an RFP to consolidate its plan service providers to one, among other responsibilities.
The plan began a replacement search for a domestic mid-cap equity manager terminated last quarter.
The search comes in conjunction with a manager redemption request approved this week.
The institution added new developed markets, emerging markets equity and hedge fund strategies within its investment portfolio during the first quarter following several redemptions from existing managers.
The retirement fund will interview three finalists, including its incumbent, in the second attempt to complete a search this year.
The institution is seeking investment professionals, firms or institutions to provide investment management services for its trust.
The plan is searching for investment advisory services for its multiple defined contribution retirement plans, including 403(b), 401(a) and 457(b) plans.
